News Topic: Construction industry

Software startups say bringing borrowers, builders and lenders onto one digital platform can remove some of the risks lenders faced during the crisis. ... Read full article

Rising tariffs are rapidly increasing the cost of building materials, putting banks at risk. ... Read full article

The explosion in construction of self-storage facilities is being backed by banks hungry for commercial loans. Some market participants fear a glut is in the making and the credits could sour. ... Read full article

The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country. ... Read full article

To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors. ... Read full article

A bill that would ease Basel III capital requirements on commercial real estate loans could level the playing field between depository and nonbank lenders and spur more construction lending if it passes in the Senate. ... Read full article

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms. ... Read full article